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Sneak Peek at BSM's Extensive, Varied AAO Presentation Lineup
Wednesday, November 8, 2017 9:00 AM
BSM Consulting will be out in full force at the upcoming American Academy of Ophthalmology (AAO) 2017 meeting in New Orleans, where our knowledgeable consultants will be involved in more than a dozen presentations.
Specifically, five BSM consultants will participate in 19 presentations and discussions during the Nov. 11-14 meeting. Topics include practice operations, succession planning, financial management, private equity, and other industry trends.
In between presentations, we encourage AAO attendees to stop by BSM booth #4043 (located next to the popular AAO Learning Lounge) in the Ernest N. Morial Convention Center. At the booth, you can chat with our consultants, ask questions, learn about our expanding products and services, and enter a raffle to win a free one-year subscription to BSM Connection (an approximately $1,000 value).
In no particular order, below are several timely BSM presentations and discussions you might want to sit in on. We hope to see you in the audience ... and at our booth.
Private Equity and Other Integration Models for Ophthalmologists: Evaluating Your Options
Summary: This course explores practice consolidation through private equity firms, accountable care organizations, hospital systems, mega-groups, and clinically integrated networks. A panel comprised of a practice consultant, ophthalmologists, an attorney, and administrator will discuss these options and today's consolidation trend in ophthalmology.
Panelist: Derek Preece
When: 3:15 - 4:15 p.m., Sunday, Nov. 12
Where: Room 286-287
Best Practices for Assessing the Feasibility of New Business Opportunities
Summary: Whether adding a new provider, opening a new location, or implementing a new service line, practice leaders must have clear processes in place to make important business decisions. This course will educate attendees on the key principles related to assessing new business opportunities.
Presenters: Andrew Maller and Dixon Davis
When: 2 - 3 p.m., Sunday, Nov. 12
Where: Room 297
Succession Planning for Doctors
Summary: This roundtable discussion is limited to nine attendees who are encouraged to bring real-world questions and cases to the moderator for discussion.
Consultant: Elizabeth Holloway
When: 7:30 - 8:30 a.m., Monday, Nov. 13
Where: Hall C
Battling Information Overload: What Reports Do Owners and Administrators Need?
Summary: This course teaches attendees to reduce the number and length of their reports and explains how to set up meaningful management reports that get attention.
Presenter: Maureen Waddle
When: 4:30 - 5:30 p.m., Sunday, Nov. 12
Where: Room 295
Demystifying Finance and Accounting for the Non-Accountant
Summary: Developed specifically for physicians and administrators without formal finance or accounting training, this workshop takes the mystery out of your money. When it's over, attendees will understand balance sheets, cash flow, and the other key accounting concepts needed to keep a practice in the black.
Presenters: Dixon Davis, Ron Rosenberg, and Ann Hulett
When: 9 a.m. - 1 p.m., Saturday, Nov. 11
Where: Room 288-289
Benchmarking: How Do Top-Tier Practices Differ from Average Practices?
Summary: This course compares the financial results of the top 10 percent of practices with "average" practices to discover what they do differently.
Presenter: Derek Preece
When: 3:15 - 4:15 p.m., Monday, Nov. 13
Where: Room 291
Ophthalmology and Optometry: How Do They Integrate?
Summary: This course explores the different models practices are using that allow ophthalmologists and optometrists to work together effectively, including co-management, integrated vision and medical/surgical services, ophthalmic-led networks, and optometrist-led networks. The pros and cons of each model, compliance issues, and financial impacts will be discussed.
Presenters: Maureen Waddle and Allison Weber Shuren
When: 3:15 - 4:15 p.m., Monday, Nov. 13
Where: Room 292